Position Title: Managing Director, NYSE Euronext Options
Mike Babel currently heads new product development, research and competitive analysis involving market structure and exchange rules for the US Options team, with an emphasis on such issues as they relate to NYSE Amex Options.
He reports to Amy Farnstrom, SVP NYSE Euronext, Head of U.S. Options Business Technology, and Co-CEO of NYSE Arca Options.
Prior to joining NYSE Euronext, Mr. Babel was most recently with The American Stock Exchange where he served as Vice President of Options. He joined The American Stock Exchange in 1998 as a Marketing Representative for ETF's and transferred to Options in 2002, where he was responsible for several areas including Business Planning, Competitive Analysis and New Product Development. He routinely worked with the Legal Department and the SEC on various initiatives such as Options on Levered and Levered Inverse ETF's, Fixed Return Options, the Options Penny Pilot and amendments to the Options Listings Procedures Plan.
Before joining The American Stock Exchange in 1998, Mike Babel worked at Morgan Stanley Dean Witter where he held Series 3, Series 7, Series 63 and Series 65 licenses.
Mike Babel has represented the Exchange at various industry events and committees such as the Options Linkage Authority, OIC, Options Symbology, and SOSA. He has also worked with the SIFMA Options Committee for options related matters.
Mike Babel graduated from State University of New York at Albany with a BA in English.